1935 Government model

[retired_11b]

While purchasing another gun off of a customer, he pulled out another 1911 that he was also interested in selling. The serial number dates it to 1935 Government model and it appears to be a fixed sight National Match like this one. https://www.oldcolt.com/products/col...75417-mfg-1934

The issue with this gun is that the original hammer and grip safety have been swapped out and that it has been poorly refinished due to significant pitting. I would like to make him an offer on the gun and have it properly restored but to be completely honest, I have no clue as to it's value, rarity and cost of restoration.

What would be a non insulting offer to buy it and how much would I be looking at dumping into it to make it look original?

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[Doran]

Welcome to the forum. An original finish high condition prewar National Match pistol often worth $10,000+.

Refinished less than half of that value; replaced parts reduces the value even further. This mainspring housing also replaced with a military part.

Likely several thousand dollars for basic restoration; any extra work filling and refiling the pitting adds to the cost. Correcting parts also adds to the cost.

Two things to check before making an offer:
Does the serial number stamped on the slide underneath the firing pin stop match the frame serial number?
Does the barrel have the circled MB stamped on the left side of the barrel lug?